Premium Ultrasound Systems

Certified refurbished premium systems from established medical equipment dealers qualify under our program. Major dealers for GE, Philips, Siemens, and Canon platforms offer refurbished units with parts warranties and sometimes manufacturer-certified reconditioning. The age and condition of the system, along with service documentation, determine the available terms. We finance refurbished premium systems without blanket penalties for age when the equipment's condition and service history support the loan.

Startup imaging centers can qualify, though the terms typically include a personal guarantee from the owner, a 10 to 20 percent down payment, and sometimes a shorter term than an established practice would receive. A startup with a strong business plan, physician owner with good personal credit, and a signed facility agreement or patient referral pipeline is in a better position than one without those elements.

At that transaction size, most lenders move beyond application-only review and require three months of business bank statements, a completed credit application, and sometimes two years of business tax returns. A practice with a track record of strong monthly deposits and consistent revenue may satisfy the underwriting with bank statements alone in some cases. We guide each applicant on the specific documentation package most likely to move quickly.

Negotiating the equipment price first and then financing the agreed purchase price is the standard sequence. A vendor quote or purchase agreement showing the negotiated price is typically what we use as the basis for the financing structure. Pre-approvals are possible but are usually conditional on a final invoice.

Service contracts included on the same vendor invoice as the system can often be incorporated into the financed amount. Lenders vary on how much of the total financed amount can be service or soft costs versus hard equipment. A one- to three-year service agreement representing 10 to 20 percent of the system price is typically within acceptable limits for most lenders in this category.